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TSLA

All Tesla Model 3 variants now qualify for a $7,500 EV tax credit, up from the previous $3,750 for the Rear-Wheel Drive and Long Range versions. The change comes after the U.S. Treasury Department issued new guidance on battery sourcing in March.

Portfolio Pulse from Anan Ashraf

June 05, 2023 | 3:04 am

AAPL

Apple is expected to unveil its mixed-reality (MR) headset at the Worldwide Developers Conference (WWDC) on Monday. The MR headset could potentially revolutionize how people work, play games, and entertain themselves, but also faces risks such as consumer hesitancy and a high price tag. Apple's stock closed up 0.48% at $180.95 on Friday.

Portfolio Pulse from Shanthi Rexaline

June 04, 2023 | 5:47 pm

TSLA

VWAGY

Tesla's Model S Plaid with track pack set a new lap record for a production electric vehicle at Nürburgring, beating the previous record by over 8 seconds. The Model S Plaid's lap time was also faster than Porsche's Taycan Turbo S with Performance Kit.

Portfolio Pulse from Shanthi Rexaline

June 04, 2023 | 1:25 pm

CHPT

ETN

EVGO

IBM

TWLO

Barron's weekend stock picks include IBM, Twilio, and companies in the electrification sector. EVgo's largest holder bought $25 million of stock, IBM is poised to be a major player in AI, and Twilio's stock surged after activist hedge fund Legion Partners pushed for board changes. ChargePoint's sales outlook falls short, while Eaton Corporation remains a strong growth stock.

Portfolio Pulse from Justin Chan

June 03, 2023 | 10:18 pm

REPL

Replimune Group presented updated data from the IGNYTE clinical trial's anti-PD1 failed melanoma cohort and the ongoing Phase 1 trial of RP2 combined with nivolumab in uveal melanoma patients at the ASCO annual meeting.

Portfolio Pulse from Charles Gross

June 03, 2023 | 6:43 pm

JNJ

Janssen Pharmaceutical, a subsidiary of Johnson & Johnson, announced positive results from the Phase 1b RedirecTT-1 study of TECVAYLI and talquetamab, showing a 96% overall response rate in patients with relapsed or refractory multiple myeloma. The data was presented at the 2023 ASCO Annual Meeting.

Portfolio Pulse from Charles Gross

June 03, 2023 | 6:40 pm

GILD

RCUS

Gilead Sciences and Arcus Biosciences announced updated results from the interim analysis of the ARC-7 study, showing consistent improvement in progression-free survival in non-small cell lung cancer patients. The study evaluates the combinations of domvanalimab and zimberelimab, with results presented at the ASCO Plenary Series.

Portfolio Pulse from Charles Gross

June 03, 2023 | 6:32 pm

DIS

META

NFLX

WBD

Padma Lakshmi is leaving Bravo's 'Top Chef' after 20 seasons to focus on her Hulu show 'Taste the Nation'. Netflix's 'Tiger King' star Joe Exotic criticizes Florida Gov. Ron DeSantis and plans to run for president. HBO rebrands to 'Max' with a viral 'human test' video.

Portfolio Pulse from Anthony Noto

June 03, 2023 | 3:47 pm

F

LCI

LI

NIO

TSLA

UBER

XPEV

Tesla's stock soared 10% amid CEO Elon Musk's visit to China, while Lucid Group's stock slumped due to a common stock offering. Ford announced a partnership with Uber to lease Mustang Mach-E EVs to Uber drivers, and Chinese EV companies Nio, XPeng, and Li Auto reported mixed delivery numbers for May.

Portfolio Pulse from Shanthi Rexaline

June 03, 2023 | 1:14 pm

AAPL

META

Apple's mixed reality headset, expected to be unveiled at WWDC 2023, may not be suitable for individuals with certain health conditions, such as Meniere's Disease, migraines, and vertigo. Meta Platforms also mentioned potential risks in its Health & Safety Warnings note for its Quest 3 headset.

Portfolio Pulse from Ananya Gairola

June 03, 2023 | 4:02 am